Five former Rainbow grocery stores have reopened under new names -- three as Cub Foods stores, and two as Byerly's -- the first wave of 18 Twin Cities Rainbows to transition to new ownership.

Over the next two weeks, all 18 stores that were sold earlier this year will be transferred to and served by new owners, the parties announced Wednesday.

Roundy's, the Milwaukee-based owner of Rainbow Foods, announced in May it was selling 18 of its stores here and planned to exit the Twin Cities market. A consortium of buyers bought those stores for $65 million, and the stores will have different fates.

Of the 18 Rainbow stores sold, 10 will become Cub Foods stores. Two more -- in Woodbury and Eden Prairie -- have now become Byerly's.

Rainbow sign in Eagan on May 7, 2014. (Pioneer Press: Scott Takushi)

And the remaining six will continue to branded as Rainbow Foods.

Cub Foods' owner Supervalu said the St. Paul-Arcade Street Rainbow store, the Minneapolis-Lagoon store and the St. Louis Park store began converting to Cub stores on Monday, and reopened Wednesday. "The remaining stores are expected to transition on a staggered basis over the next two weeks," Supervalu said.

The six to continue as Rainbow stores are St. Paul-Midway, West St. Paul, Maplewood, Richfield, Plymouth (Plymouth Station) and Minneapolis-Lake Street.

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Separately, Roundy's has been shopping around their nine remaining Minnesota stores, but the company gave no details on how that process is going. Those nine stores are located in Apple Valley, Blaine, Bloomington, Coon Rapids, Cottage Grove, Inver Grove Heights, Maple Grove, Savage and Shoreview.

The company previously said that, if no buyers are found, the unsold stores will be closed this year.